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Monday, July 6, 2015

The following information was gathered for Rogers Company for the year ended December 31, 20x4

The following information was gathered for Rogers Company for the year ended December 31, 20x4.

Budgeted Actual
Direct labor-hours 75,000 dlh 77,500 dlh
Factory overhead $525,000 $558,000

Assume that direct labor-hours are the cost-allocation base.

Required:
a. Compute the budgeted factory overhead rate.
b. Compute the factory overhead applied.
c. Compute the amount of over/underapplied overhead.

Click here for the solution: The following information was gathered for Rogers Company for the year ended December 31, 20x4